2026 Insurance Market Outlook: What to Expect

As we look toward 2026, the insurance industry is experiencing a profound shift driven by inflation, rising repair costs, and an increase in catastrophic weather events. ### Key Trends for 2026 1. **Auto Premiums**: Modern vehicles are essentially "computers on wheels." A simple fender bender now involves expensive sensors and specialized labor, keeping upward pressure on premiums. 2. **Homeowners Hardships**: In states like Florida and Texas, property rates continue to climb. Carriers are becoming more selective about roof age and location-based risks. 3. **The Tech Integration**: Usage-based insurance (UBI) is moving from optional to standard. Safe drivers can expect more significant discounts by transparent sharing of driving data. Staying ahead means reviewing your policy early. At Annapurna, we're proactively shopping our 16+ carriers to mitigate these market-wide increases for our clients.